20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Investors with a lot of money to spend have taken a bullish stance on Vertiv Hldgs (NYSE:VRT).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with VRT, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 14 options trades for Vertiv Hldgs.
This isn't normal.
The overall sentiment of these big-money traders is split between 64% bullish and 35%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $100,400, and 13, calls, for a total amount of $635,495.
Projected Price Targets
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $50.0 to $85.0 for Vertiv Hldgs over the last 3 months.
Insights into Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Vertiv Hldgs's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Vertiv Hldgs's whale trades within a strike price range from $50.0 to $85.0 in the last 30 days.
Vertiv Hldgs Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| VRT | CALL | SWEEP | BULLISH | 07/19/24 | $70.00 | $103.3K | 188 | 211 |
| VRT | PUT | SWEEP | BULLISH | 02/09/24 | $55.00 | $100.4K | 36 | 4.0K |
| VRT | CALL | TRADE | BEARISH | 01/17/25 | $70.00 | $86.9K | 761 | 202 |
| VRT | CALL | TRADE | NEUTRAL | 01/17/25 | $70.00 | $77.0K | 761 | 100 |
| VRT | CALL | SWEEP | BULLISH | 01/17/25 | $80.00 | $57.0K | 204 | 0 |
About Vertiv Hldgs
Vertiv Holdings Co brings together hardware, software, analytics and ongoing services to ensure its customers' vital applications run continuously, perform optimally and grow with their business needs. The company solves the important challenges faced by data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Its services include critical power, thermal management, racks and enclosures, monitoring and management, and other services. Its three business segments include the Americas, Asia Pacific; and Europe, Middle East & Africa.
In light of the recent options history for Vertiv Hldgs, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Present Market Standing of Vertiv Hldgs
- Trading volume stands at 2,347,033, with VRT's price up by 1.76%, positioned at $57.32.
- RSI indicators show the stock to be may be overbought.
- Earnings announcement expected in 20 days.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Vertiv Hldgs options trades with real-time alerts from Benzinga Pro.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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